Hours from now. This is critical. He is trying to change their mind here. It is coming as were getting word that the Health Care Bill is now not going to be voted on at least not before the 4th of july. They do not have the votes. Dont forget five senators came out and said they didnt like the thing. Several others as well rumored not going along with it. So it would be a pretty uphill climb. There was just enough to make everyone a little bit angry in the bill. So not happening before the 4th of july. Here is the problem. This is why. Show the market, how were now down 45 points. I want to bring in a live intraday chart of the dow if we have it. Market selling off on the news because expectation had been, get repeal and replace or this version of repeal and replace through. Therefore you get tax reform, you get infrastructure bill, everything would fall in line. One of the reasons the imf now is saying it has to lower Economic Forecast for United States of america. In terms of trumps economic agenda. Economic agenda good for markets. Good for the economy. Get republicans in disarray here. Now the senate delaying were getting word, theyre delaying the Health Care Bill. Now we want to get sean spicers reaction. He will be giving it. Were waiting on Mitch Mcconnell to speak. Amid all of this news i want to bring in former chair of the dc democratic party, scott bolden, republican strategist Ford Oconnell for their reaction. Ford, start with you. We were all hopeful, hopeful for us that want tax reform going through. It is not going to happen, at least not just yet. What do they need to do to salvage it . They obviously get 51 votes, trish. I do not think it would be done by july 4th, but drop dead deadline is august 1st because of budget reconciliation process. Here is the problem with Senate Republicans. This is as good their hand will get. This is not about making a promise. This is moral imperative. Premiums need to be stablized. Individual needs to be stable aided. They need to do the job. Some might have to walk the electoral plank. That is what they signed up for, help the American People, not prolong their senate career. Trish remind viewers, live picture from capitol hill, were waiting everyone on Mitch Mcconnell. Mitch mcconnell, who many this is a magician is not able to pull it off, not at least by july 4th. That is what were hearing. What will he say . What does need to tell americans how they move forward on the process. Scott, they just cant seem to find cohesion here they need. It is not cohesion, trish. What it is, its a bad bill. You know he what the definition after bad bill is . Hard right and liberal left of the republican party, they both disagree. This isnt about health care. It is about a wealth transfer. It is about reducing taxes and deficit. The hawks like that but then you have the Susan Collins of the world and those up for reelection in middle of the ground state has clinton won, they cant afford the medicaid cuts. Remember, the American People were told by donald trump and other republicans, this new bill is going to, is not going to cut medicaid. It will lower premiums and will cover everybody. Those are three promises that have been broken. Those are three promises that have been broken and has to be explained. Trish you know what it did do . I think people could take heart in . Got i had are of employer mandate. It is a mold on Small Business owners. Theyre telling you ford, dont bother getting anything bigger. If you do well make you pay through the nose. I talk to a lot of them. I cant add that 50th employee. I cant. Implications are too significant. What i go back to, you want this economy to thrive. You want people to be employed. You them to have opportunities and companies in turn will need to be more aggressive for their hiring. They will need to offer better benefits. To your point, trish, this is as much a jobs bill as it is a Health Insurance bill. Weve seen this before. Basically the employer mandate was killing the growth of Small Business and costing people jobs. What kills me a lot of hard right republicans say, gee, this is obamacare light. Two things i would like to tell them. One, you need 60 votes to fully repeal obamacare. We have to actually work on what is in front of us. This is not obamacare light. To your point, trish, it pulls back employer mandate. Pulls off taxes. It does not hold the gun to average american to buy a failed government product. If they dont get this done, they will have to you cut a deal with schumer around democrat. We know they have no interest in actually making this a free market. Theyre interested in bringing us closer to socialized medicine. For the average viewer may not know what that is. Look at va . Do you want American Health care become the va. Hope republicans fail if that is you want. If the republican make a difference, throw away the mandate. A lot of democrats are not crazy about the mandate. That is big issue for republicans. Get rid of it, cure the problem as opposed to being obsessed repealing the whole obamacare piece where you have got these tax cuts. I know their arguments why you need tax cuts and cut in medicaid and what have you. Only 17 of americans support this bill. Obamacare, because the republicans with one another, only 17 approve it. Obamacares popularity is rising because of discourse that the republicans cant get trish that might be taking it a little far. I have a question for scott, what exactly constitutes repeal . As i just discussed you cant fullly repeal obamacare without 60 votes. Getting rid of mandate and getting rid of taxes what were going for. Yet you guys have shown no interest whatsoever. Trish theyre not going to hang on scott. Lets be realistic here. The democrats do not want anything that would involve repealing obamacare. This is president obamas legacy. So when you start with talk of repealing obamacare, well that makes them very nervous obviously. The mere semantics, the mere words here are a problem for those. Repair it. Repair it if you will. Trish you want to fix it. Lets fix it. Trish but you said basically this program was kind of a fix it for obamacare . A lot of folks, forgive me if im putting words in your mouth. That is is the complaint, right . A lot of conservatives say this is obamacare light. The concern basically just takes some bad parts of obamacare and doesnt do enough to fundamentally fix things. Rand paul, is apparently tweeting out about this. He just came from the white house. He said he wants to make things better. Are you going to be able to meet someone like rand paul, even if youre donald trump, are you going to meet him in the middle . Ted cruz some of the moss initial outspoken critics of this . Your thoughts on that, ford . Well heres the thing. 200 billion to play with, carveouts for some of these folks. I think you get ted cruz putting more money into Health Savings accounts. He is big understanding person is better controlling money than the government. Im not sure you ever get rand paul to come around unless basically Mitch Mcconnell, puts kentucky stranglehold on him. Folks like collins, murkowski, heller. Understand think get the best deal possible. There is a risk in 2018 of the republicans losing the house. Pushing this on to the next election as much as hard right conservatives argue in the media, including fox newss own eric bolling. I fully disagree with that. Trish what did you say about eric . Eric says we shouldnt do the deal. Should kick it on down the line. Put pressure on democrats after the 2018 election. My response to eric, is very smart guy, simply this. Well lose seats in the house. Trish americans sent republicans to the white house to capitol hill for a reason. And one of the biggest reasons was to get rid of obamacare. If youre someone looking at sticker shock right now because your premiums have gone through the roof, and you want Something Different they need to come forward with Something Different. With that said, mercedes schlapp, fox news contributor. They didnt come up with, what was different you enough. Mercedes, look at this. They had eight years. Eight years. Shame on them for not having something more cohesive they could put forward to actually get people to rally around and change it. You know, it is very easy to just say well repeal and replace obamacare. It is a completely complicated, convoluted process when you deal with the enormity of our health care system. Going back to fords point, the fact there is is legislative constraints. Their inability to be able to just do a simple repeal and replace is constricted by the fact that you dont have 60 votes in the senate. Youre dealing with budget reconciliation framework which is limiting. When you have to deal with new components to a law, you have to pass legislation that requires 60 votes in the senate. So with that being said, the pressure is on for the republicans to sell the message, to say, look, we need. Trish why not stay in washington, d. C. Work on this, and try and come to some kind of agreement, so that you can follow through on the promises you made to your cone sit went that sent you there in the first place . Youre singing from the same hymn book. That is what they should do. Lifetime tenure. Serve at privilege of people. Got to do the job. Stay here 4th of july, and 24 hours a day. They came here from washington. To do the peoples business. Right now theyre getting weakkneed. Scared of fact they may lose an election. Trish go ahead, mercedes. I do have hope that they. End of july. A lot more negotiation that has to happen, i do have to say Mitch Mcconnell, if there is one thing the man is masterful at is negotiating. Nice nor senators to take extra week. They will be working with the districts. How to get the bill passed. Trish tell you who does not like this. Draw up sectors. Getting hurt the most right now, team will work on that for you. We work on market now off 75 points. So the realty is. Looking basically below the session. I would temper this. On the dow. Nasdaq getting hit harder. Here is good news for you. Financials actually doing despite all this. Health care stocks, are rather mixed right now. Throw that board up as well. Energy is another one to keep eye on, energy week at white house. [no audio. Back end of medicaid to get susan colins of the world. If you do that that is reconciliation. Maybe done before or after july. In regard to democrats. Invite them to the table. Just about repealing obamacare. Great question for you. What is repairing obamacare . You guys have been saying this for two weeks. When dick durbin changes talking points i know im being sold a suckers bet. What is it to repair obamacare. Get rid of mandate. We can pass the bill up right now in United States senate. What is on jibbing shunnable to republicans and democrats is, get rid of mandate, right . You you have massive tax cuts and cutting medicaid. That is another lie. We are not cutting medicaid. Of course you are. You are cutting it and capping it. That is not true. Trish no, no. Scott. Hang on. Im going to settle this debate because once again coming down to your use of a verb, to cut, right . There is nothing in the way of cutting here. The amount of money that is being spent on medicaid is continuing to grow. And i want to simplify this for people. Think about it like this. If your household, say you make 30,000 one year and youre spending 20,000, and then, the next year, maybe you make, a little bit more, but you spend a little bit less. Scott, a lot of democrats would tell you, you have cut your spending, regardless of the fact, forgive me if youre spending more. So in other words, you may actually see that spending still increase at a certain percentage rate, but for the left, if you dont keep it at same percentage rate, you did the year before. They see this as a cut. That is misappropriation of words. Period. Trish, can i talk real quick. Trish scott, respond, i go to mercedes. What i mean, cant have obamacare and mandate without Medicaid Expansion right. So in order to have Medicaid Expansion youre putting more dollars into it. Trish but you are putting more dollars into it. Were putting 73 billion a year, versus 200. If you take that away, if you take that away, you will lose up to 22 or 23 million in coverage if you will. That is simple equation. Trish youre forgetting a couple things. Let her said get in, people are making a decision not to have health care. They are making a calculated decision, that is one reason why you have people. That will kill your insurance pool too. Trish the other part, you are spending more. So dont say youre not. You are spending more. This is not a cut. How are you spending more in medicaid. Trish mercedes, go ahead. What i find troubling from democrats, one in four citizens to be on medicaid. This is a program that was designated for in the past, historically for the poor around disabled. So what youre doing is, that medicaid has become the hidden singlepayer system that the democrats are dreaming about. It is about entitlement expansion for the democrats. So we have to ask ourselves, is medicaid the only way for these individuals to get and have to have Health Insurance. Is there a different way, is there more innovative way not governmentrun, not governmentexpansion. Medicaid is not the best quality when it comes to health care. What is the answer to your question . What individuals, what what is the answer to your question . Not enough. All im saying scott, you think it is accessible for one in four citizens to use medicaid . Youre leaning toward singlepayer which is exactly what you guys got. I think it is acceptable to keep 22 Million People covered. However you want to come up with that, if you dont i want be able for those americans, i want hose americans to prosper. I want them to have economic opportunities. If theyre poor and elderly they cant prosper. We take them off the dependency. That is pipedream. Medicaid is pipedream comes to health care. Mean and cruel. Mean and cruel . Mean and cruel. Trish to ask people to be seven sufficient. I would say that is core part of who we are as americans. These are american values. You take care of yourself, take care of your family. The government helps those who help themselves. On that note as we look we dont take care of each other . Really trish . Trish of course we take care of each other. Exactly. We agree on something. Trish but we take care of each other but we need to help people to move forward so that they can get off the spigot from government, right this why keep them on that. Enable them to help themselves. What is the republican plan for that . What is it . They dont have one. They cant pass a Health Care Bill for eight years. That is not true. They havent passed it. It is embarrassing. It is embraering. They dont have Affordable Health care scott. They dont even have Health Insurance. Because the republicans are killing it making market unstable. [all talking at once] trish im going to jump in, play referee go down to the market right now where we find nicole petallides. Because nicole, we have a market off 4points, near the lows of the session. Look it could be worse. Seeing trepidation right now on wall street. Seeing some concerns that look, if they cant get this through, maybe dont get whole agenda through, people are anxious for it. Its a selloff. Led were looking at, technology and utilities. Those are under pressure. To your point trish. We are hitting market lows at this time. The low of the day, 21,328. Were right off the lows. From top to bottom, it is over 110 points, from this morning opened up to the upside. Throughout the day has been dwindling lower. You see intense dropoff. You know now vote has been pushed off after congresss july 4th recess, now that brings back a little bit of uncertainty. I will say that most people still believe that something goes through, Health Care Bill in particular. Focusing on janet yellen, her comments made at british academy, basically saying were seeing much more financial stability, im paraphrasing since 2008. And lending that is happening. Can never rule out another financial crisis. Just basically saying that. Also that the regulators, really need to watch how much theyre regulating, burden imposed on those regulated, overregulated. Technology, trish, get worst of the bunch of it. Names down 2 . Trish did she give any indication what is she wants to do on Interest Rates at all, nicole . I didnt see any about that. More about capital in our system. Structure, how much it had improved. Trish lets get back to capitol hill, right now, everyone. I still have the panel here with me. We cooled off just a little bit. We have mercedes, scott and ford back with me. We were debating sort of the essence of does the government make sure that it is there to help those that can help themselves or does the government continue to be there in peoples lives so they can live off the government effectively and not be working towards any type of end goals . Some sort of fundamental differences i think perhaps how the left and right see things. Ford, you and i talked about it in the past. There is sense of victimization. You have to keep that victimization going. People just cant manage on their own. We should not be forcing them to manage on their own because at the end of the day, this is all about votes. Well it absolutely is all about the votes. Let me tell you Something Else why democrats will jump in and vote. Not just president obamas legacy. Basically the pinnacle and leg of democratic liberal thinking progressive thinking if you will is universal health care. Couple of points, one, were not cutting medicaid. Were adding 73 billion a year versus 231 billion under president obama. Another point, even at rate were funding it with president obama and trying to make it a singlepayer system, under obamacare it is actually going bankrupt by 2028. Whole democratic idea turn america with assistive living home with military, w